My initial interest in out-of-state investing stems from the high cost of multifamily properties in New York and the state’s renter-friendly laws.

I have done a handful of flips using cash, partnering with friends, and making it work. 

I sent a friend down there to look at various listings.

Especially in a high interest rate environment where cash flows on long term rentals are muted and there is significant capital required to purchase and list on airbnb.I live near NYC but would invest out of state in an airbnb / landlord friendly state.

Then you own the LLC and can transfer the property into it.If you transfer the property into that LLC the way it is then technically you just gave your friend ownership of the house proportional to his ownership of the LLC.I'm not an attorney, so take that with a grain of salt.

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Particularly looking for an investor friendly agent able to take on house hacking clients in NYC and LI

Since New Jersey is very tenant friendly I wanted to know if anyone has had a successful experience with actually getting your tenant out within a few months?

Just basic face to face talks with people soon to be friends.

The one thing to consider is that IL and NY are both not landlord friendly states.